When Creating an Affirmative Action Plan,the Central Concern Is

question 28

Multiple Choice

When creating an affirmative action plan,the central concern is:

• A) determining how many of each protected class to hire.
• B) determining how much preference to give members of the underutilized protected class.
• C) analyzing the impact of the plan on nonprotected classes in light of recent court decisions regarding reverse discrimination.
• D) setting up the appropriate barriers to nonprotected class applicants.

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Definitions:

Work in Process Inventory

The inventory account that tracks the costs of materials, labor, and overhead for products that are in the process of being manufactured but are not yet completed.

Weighted-Average Method

An inventory costing method that averages the cost of inventory items to determine the cost of goods sold and ending inventory.

Process Costing System

A process costing system is used in manufacturing environments where the products are indistinguishable from each other and allocates the production costs based on the processes involved.

Conversion Costs

The sum of direct labor and overhead costs, which are incurred to convert raw materials into finished products.